Shareholder activism at Xinhua News Media Holdings Limited has recently come into focus following the postponement of the company's Extraordinary General Meeting (EGM) originally scheduled for 6 October 2025. The Board cited the retirement of two executive directors, Tsui Kwok Hing and Yung Ting Yiu, as the reason for invalidating certain resolutions requested by shareholder Yu Weikun. This development prompted dissent from non-executive director Chen Yun, who disagreed with the decision to postpone the EGM, stating that the invalid resolutions would not impact the convening or process of the meeting. The company has stated it will continue to keep shareholders and investors informed of significant developments and has advised caution when dealing in its securities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinhua News Media Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260119-11994990), on January 19, 2026, and is solely responsible for the information contained therein.